Montgomeryshire’s last operating woollen mill has gone on the market with a purchase price of £405,000.

Factory Isaf, at Abercegir, near Machynlleth, was closed in 1964 and its machinery was stripped out in the late 1970s

However the original water wheel remains in place: at its height during the First World War, it drove the equipment which provided woollen flannel for Britain's war effort.

Much of the wheel workings can still be seen, the highlight being an impressive, 20ft diameter, 30-bucket wheel that was cast in Newtown in 1859 by the mill wright Samuel Owen.

The property is being sold as a three-bedroom period mill house and includes the last woollen blanket produced at Factory Isaf, along with other historical artefacts such as an original spinning wheel once used by the mill's former owners.